Invoice discounting

It’s frustrating when sales are healthy but your cash is tied up in unpaid invoices. Amicus Intelligent Cashflow turns invoices into cash instantly - without waiting on lengthy payment terms.

With our invoice discounting facility, funds are available immediately. You’re in control, and payments are processed as usual using our seamless, confidential facility.

Hi-Tech

Our state-of-the-art invoice discounting facility connects to your accounting system directly, in real-time. Your availability is updated daily, and with our mobile app you can get an accurate view of your business finances anywhere, any time to keep you in the picture.

Hi-Touch

We have over a hundred years of combined expertise in the business finance market. We’re a dependable lender, adept in providing flexible finance for SMEs, interested in building long-term, mutually beneficial relationships. Right from the start, our team will get to work on understanding your business and crafting an individual solution to meet your needs.

Hi-Growth

Everything we do is designed to help your business grow, and Amicus Intelligent Cashflow ensures immediate access to the vital ingredient: capital. We understand that one size doesn’t fit all, so our facilities are tailored to your individual circumstances with flexible terms from 1 month to 24 months. You won’t be ‘locked in’ to lengthy agreements or expensive break-fees, and with transparent pricing there are no hidden surprises. You pay an agreed facility fee, plus a discount charge calculated on the actual amount of cash outstanding on a daily basis.

As experts in SME finance we deliver working capital through our smart technology, underpinned by a close working relationship with our highly experienced team to help boost your business.

What is it for?

Waiting for payments is often an unavoidable business reality that can stall growth. But it needn’t be. Amicus Intelligent Cashflow enables you to receive up to 90% of funds due within 24 hours of sending an invoice.

Release cash tied up in your sales ledger and avoid taking out a business loan or extending an overdraft.

Plan ahead, safe in the knowledge that an Amicus invoice discounting facility can provide working capital to help manage day-to-day operational costs, and support future growth to realise your business ambition.

What you need to know about Amicus Commercial Finance invoice discounting

We consider all applications on their individual merits. This information forms the basis of our proposition:

Case study:

Amicus Commercial Finance has delivered a £200,000 Intelligent Cashflow facility to enable International Cookware Designs, (trading as 'Victor'), to drive further expansion.

Based in Telford in Shropshire, next to the historical centre where cast iron was first manufactured in the UK, Victor specialises in the production and wholesale of kitchen cookware and accessories.

The Victor brand is highly regarded by serious chefs for its heat retention, durability and style. Robert Welch MBE, an English designer and Silversmith, has created many of the iconic designs, combining echoes of the past with up to date function.

It was easy to make the switch to Amicus Commercial Finance and the transition from our previous lender was very smooth and seamless.

The Amicus Intelligent Cashflow facility has made a substantial difference to our business. By releasing cash against the value of our invoices, often on the same day, the Amicus facility bridges the gap between having to pay our suppliers in advance and receiving payment from our customers. The Amicus technology is a big plus, linking straight into our accounting system and enabling the transfer of cash whenever we need it without having to send off schedules and claims.

We really like what Amicus Commercial Finance is all about. The fact they are a personable team makes a big difference to us and we feel that this has led to establishing a close working relationship in a very short space of time. It is reassuring to be able to pick up the phone or email in the knowledge that any queries you raise will be actioned immediately.

Charles Roc Services provides an outsourced services solution that takes the stress out of facilities management for the Hospitality Industry. Their outsourced services extend beyond providing exceptional housekeeping services to hotels to handling general maintenance and pest control as required. The team provides a seamless and comprehensive service as if they were employed directly by the brands themselves.

One of the main reasons I chose Amicus Commercial Finance over other providers was that I felt they shared my vision. They really 'got my business' and were enthusiastic about my plans for the future. The process itself has been quick, smooth and efficient and the team has been professional throughout. We have struck up a good relationship in a short period of time and I know that if we encounter any issues, they will deal with them immediately.

I am very happy that I have made the right decision. Amicus Commercial Finance is a good company and I am already looking at funding other projects with them, in the confidence that they will back our future expansion plans.

David GreenManaging Director, Charles Roc Services Ltd

Amicus backs office solutions business with flexible funding deal

Amicus Commercial Finance has structured and delivered a £300,000 confidential invoice discounting facility to meet the working capital needs of harrisongreen LLP.

Established in 1999, harrisongreen LLP is an independently owned office solutions business based in Grantham, Lincolnshire.

In addition to the provision of office stationery, harrisongreen is focused increasingly on the planning, design and installation of office furniture, a rapidly expanding area for the business.

The founder and managing director, Paul Green, was therefore looking for a flexible finance partner that would be able to support the business as it embarks on a period of change and growth.

From the first meeting with Amicus, I recognised that I was dealing with a finance provider that would be willing and able to give us just the kind of flexibility we needed.

Amicus couldn’t have been more different to the other finance companies we met in the selection process. They were non-corporate in their approach and looked to offer a more personalised solution than the traditional banks.

We are looking at introducing a different product mix and therefore didn’t want to be locked into a lengthy and inflexible contract term whilst driving this important change within the business. Rather than supplying a standard product list and rates and terms package, Amicus showed a genuine interest and understanding of our business challenges, enabling them to structure exactly the right solution for our needs.

The Amicus phone app is excellent. It is really easy to use and enables us to keep in touch with our funding availability at all times when we are out of the office. Amicus offers a combination of personal service and a bespoke package designed around our needs with easy to use systems. I wouldn’t hesitate to recommend them to other businesses with ambitions for growth.

Established in 2000, DBS Limited has gained an enviable reputation as one of the UK's leading petrol forecourt repair and maintenance specialists. The company also offers a wide array of solutions in structural steel work and cladding. Their highly qualified employees provide a nationwide service and 24 hour emergency response.

Since a significant proportion of DBS' business is derived from large oil companies, extended payment terms up to 90 days tend to be the industry norm as managing director, Andrew Lamburne, comments:

Obviously 90 days is a long time to wait for our money, so we sought a funding facility that would provide us with a flexible source of working capital to meet our regular commitments and ease our cash flow.

The Amicus facility has provided us with a strong platform to push forward. We have already been able to acquire new equipment and will take on more staff and move premises next year as we look to double our turnover.

We are delighted to have selected Amicus Commercial Finance as our working capital finance provider. They are a good crowd to be with, they know their stuff and the service we receive is always first class. We have found them to be open and transparent at all times as well as quick and efficient. In addition, the process of getting on-board as a customer is seamless and straightforward, and I particularly like having complete visibility of our latest payments online.

Andrew LamburneManaging Director at DBS Limited

Amicus constructs £250,000 deal to help Four Site build on success

Amicus Commercial Finance has agreed a £250,000 confidential invoice discounting facility to provide a continuous supply of finance to smooth the cash flow of Four Site Contract Services Ltd (FSCS).

FSCS is a specialist supplier of NVQ qualified carpenters, painters and CSCS labourers to the refurbishment and interior fit-out sectors of the construction industry.

Based in Weybridge, Surrey, FSCS has been trading for the past 18 years, concentrating on customers within the M25 catchment.

Typical of the sector, FSCS is faced with having to make payments to its contract workers in advance of receiving payment from its customers, creating a cash flow gap.

As its previous funding line was coming to an end, FSCS spoke with a finance broker who secured the facility with Amicus Commercial Finance.

The team at Amicus was professional and approachable and they set about to get to know our business so they could provide a facility that works for us.

Founded in 1996, Harlequin Products is a specialist wholesaler of bathroom accessories, including taps, showers and waste fittings. The business supplies Builders Merchants who value Harlequin’s ability to provide a fast, efficient and reliable service, combined with an extensive range of quality products.

A professional financial intermediary introduced Amicus to the business.

Above all, we were aiming to find a supportive new lender with whom we could develop a stronger relationship. In addition to a higher availability of funding, we were looking to receive an enhanced level of service, delivered with greater flexibility. Initially, we were concerned at the speed at which this transaction could be completed but Amicus made us feel at ease and they delivered the facility in a very smooth and timely fashion.

Amicus Commercial Finance ticked all the boxes for us as a finance partner. Now we have the benefit of an increased facility size providing a constant stream of day-to-day working capital with the scope for growth. Equally important, we now feel we have a genuine relationship with a supportive financier by our side. We are very optimistic about the future of the business and are confident that we will go from strength to strength with the support of Amicus.

Midlands-based Sime Catering Equipment Limited was looking for a flexible and confidential source of funding to meet its growing cashflow needs, when a meeting with a financial adviser pointed the way to Amicus Commercial Finance and the Intelligent Cashflow solution.

Sime Catering has been serving the commercial sector for six years, offering an in-depth knowledge of all major catering appliances. The business covers every aspect of customer support, including sales, service, repairs and all installation requirements. The client base, which comprises pubs, restaurants, golf clubs and schools, has expanded rapidly putting inevitable pressure on cashflow as Office Manager, Ann Kahrman, explains:

Prior to using Amicus, our cashflow was proving restrictive and in some instances we were waiting well beyond 30 days for payment from our customers. Now, with the Intelligent Cashflow service working for us, we can free up the cash tied up in our sales invoices and meet all our commitments in our stride. Not only are we able to pay our staff, our suppliers and HMRC on time, we can also plan ahead with greater certainty. Our credit rating has improved too, allowing us to extend more credit to our supply-chain, in turn enhancing our relationships. The funding from Amicus has really given us an edge, enabling us to compete in the league of much larger competitors.

We have found the systems are easy to use, all of the people I have spoken with are supportive and we are working very well together in managing the facility. With a major investment in our new Atherstone warehouse and a strong order book in place, I’m pleased to say we’re very busy and enjoying the prospect of growing the business further.

Ann KahrmanOffice Manager, Sime Catering

Amicus Commercial Finance help Piglet’s Pantry facilitate growth

Set up in 2011 by Joanna Hunter, Chief Food Lover (Founder and Managing Director) Piglet’s Pantry is a manufacturer of tasty, hand-filled gourmet pies and baked goods. Piglet’s has secured major contracts with some of the largest catering companies in the world such as Compass Group PLC and Sodexo.

They have also created something of a storm, fast becoming the pie of choice in the football world; at the last game for Brighton & Hove Albion, they sold over 9,000 pies.

Compared with our previous providers, the service we have received from Amicus is from a different planet!

Joanna HunterPiglets Pantry Founder & MD

A better experience for Bury Hill Landscapes

We recently assisted Bury Hill Landscape Supplies with their invoice discounting needs. The company was eager to take advantage of our smart Intelligent Cashflow system, which turns invoices into cash for fast, dependable funds.

The company found our mobile app quick and easy to use, providing the convenience of immediate cashflow visibility whilst on the move. Director John Cole commented: 'I timed it; from raising an invoice in Sage to having the cash available took just 5 minutes.'

Our personable approach was also a refreshing change, as experiences with their previous funder had seemed cold and commercially driven. It was rewarding to hear that the Bury Hill team felt that we put people before numbers, delivering a relationship-based, highly personalised service.

Amicus have the technology, yet they still maintain the old-fashioned values of putting people before numbers